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Be Advised, The Worksheet and Workbooks Are Not Protected
Be Advised, The Worksheet and Workbooks Are Not Protected
Much of the exercises and problems can have data entered by the "look to" or "=A34" type formula where cell A34
contains the data to be entered. This precludes typing and data entry errors.
Name:
Exercise:
E2-1 Classification of Property
Student ID No.:
Section:
Instructions:
Classify each property by indicating the appropriate letter in the space provided.
A. Real Property
B. Tangible Personal Property
C. Intangible Personal Property
Property
1. House and Lot
2. Lot
Classification
A
A
3. Accounts Receivable
4. Building
5. Fish Pond
A
A
6. Truck
7. Franchise
B
C
8. Appliances
9. Jewelry
B
B
12. Copyright
13. Goodwill
C
C
Property
16. Treasury Bonds
17. Narra Trees
18. Obligations by a
domestic corporation
19. Interest in a domestic
industry
20. Foreign Bonds
21. Animal House
attached to land
22. Shares of stock
23. Obligations issued by
a foreign corporation
24. Paintings
25. Foreign shares of
stock
26. Business right in a
domestic partnership
27. Interest in foreign
industry
28. Growing fruits
Classification
C
A
C
C
C
A
C
C
B
C
C
C
A